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Zoom Video Communications Inc (NASDAQ:ZM) is holding its ground in the AI wave, despite intense competition.
The company has refused its channel strategy, which is generating “positive partner feedback,” according to Rosenblatt Securities.
The Zoom Video Communications Analyst: Catharine Trebnick upgraded the rating for Zoom Video Communications from Neutral to Buy, while keeping the price target unchanged at $75.
The Zoom Video Communications Thesis: The partnerships with Avaya and Amazon.com Inc‘s (NASDAQ:AMZN) AWS could drive incremental revenue, Trebnick said in the upgrade note.
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